Hill Company purchased a machine for $9 residual value. Hill sold the machine on Ja What is the book value of the machine on A. $9,400 B. $7,800 C. $8,100 D. $709 Hel Company puichased a machine for $9,400 on Jamuary 1,2012 . The machine has been deprecated using the straght-ine method assuming it has a welve year ifo wet a $1,600 residual velue. Ha sold the machine on Janiary 1, 2021, for $7,400 What is the book wios of the machine on Decenber 31,2020